Share Price Heaven [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Before I got religion on Amazon, you could say I was an “Amazon atheist” (or at least, an “Amazon...Read More
Stock “Comp’s” vs. Housing “Comp’s” If you want to buy 100 shares of Google or Amazon, what are the comp’s? How much the last Buyer paid a fraction of a second ago. After all, stock is fungible: every share (at least common) is the same as every other. Nanoseconds vs. Weeks (Months?) Now, assume you...Read More
The best deal at Costco? Hint: it’s not the fresh produce, flat panel TV’s, or apparel. It’s the company’s stock (full disclosure: I own some). From a low of $93 last September, it’s now north of $115 — a not-too-shabby 24% return (more if you annualize it). Runner-up bargain: the CEO, who works for a...Read More
